The president’s announcement came hours after he threatened to slap “a massive increase” of tariffs on Chinese imports in retaliation for new controls that China imposed on exports of rare earths minerals from that nation. Around 70% of the global supply of rare earths minerals comes from China. The minerals are essential for high-tech industries, including automobiles, defense and semiconductors. Trump suggested earlier Friday that he would cancel a meeting with Chinese President Xi Jinping at the upcoming Asia-Pacific Economic Cooperationsummit in South Korea because of China’s new controls.
lørdag 11. oktober 2025
Trump puts extra 100% tariff on China imports, adds export controls on ‘critical software’
President Donald Trump on Friday said the United States would impose new tariffs of 100% on imports from China “over and above any Tariff that they are currently paying,” starting on Nov. 1. Trump also said that the U.S., on that same date, would also impose export controls on “any and all critical software.”
The president’s announcement came hours after he threatened to slap “a massive increase” of tariffs on Chinese imports in retaliation for new controls that China imposed on exports of rare earths minerals from that nation. Around 70% of the global supply of rare earths minerals comes from China. The minerals are essential for high-tech industries, including automobiles, defense and semiconductors. Trump suggested earlier Friday that he would cancel a meeting with Chinese President Xi Jinping at the upcoming Asia-Pacific Economic Cooperationsummit in South Korea because of China’s new controls.
The president’s announcement came hours after he threatened to slap “a massive increase” of tariffs on Chinese imports in retaliation for new controls that China imposed on exports of rare earths minerals from that nation. Around 70% of the global supply of rare earths minerals comes from China. The minerals are essential for high-tech industries, including automobiles, defense and semiconductors. Trump suggested earlier Friday that he would cancel a meeting with Chinese President Xi Jinping at the upcoming Asia-Pacific Economic Cooperationsummit in South Korea because of China’s new controls.